On July $1,2014,$ CAP$1$ Banking Corp. Issued $$4,000,000$ of $10-$year, $8\%$ bonds at $97.$ CAP$1$ uses the straight$-$line amortization method to determine interest expense. Interest is paid each June $30$ and December $31.$ The entry recorded by CAP$1$ on June $30,2024$ upon maturity at the end of the bond's term will include:debit to Bonds Payable of $$4,000,0000$debit to Cash of $$4,000,000.$credit to Cash of $$3,880,000$credit to Discount on Bonds Payable of $$120,000.$